Portfolio management systems represent a US$2.4 billion market—and growing. Defined as IT-enabled systems used by buy-side firms to manage client portfolios across different assets, geographies and clientele, these systems serve at the core of investment management firms.

Portfolio management systems track portfolio performance relative to benchmarks, sector breakdown, industry breakdown, and other daily and historical performance indicators. As the importance of portfolio management systems has risen over the past few years, investment and asset management firms are spending more on these solutions. The growing complexity of the wealth management industry has led buy-side firms to increasingly adopt new-age portfolio systems to help bring out more efficiencies from their system, integrate their business process, and adopt a flexible technology architecture.